Lumber Liquidators' (LL) outlook for 2019 appears to be around what I was expecting, although its legal settlement costs (with the Gold Litigation settlement) are ending up a bit higher. Overall, I am mostly neutral on stock right now, although the tariff issue could have a major impact in either direction. If there is no change to the tariff rates, Lumber Liquidators will likely be range-bound until it figures out a way to improve merchandise comps.
2019 Expectations
Lumber Liquidators' overall guidance for 2019 was in line with my expectations. I mentioned